In the mid-term wealth creation will only be moderate, the new Credit Suisse Research Institute report reveals. The overall growth in global wealth remained limited in 2016, continuing the trend that emerged in 2013.
In the course of the succession to the estate of Hans Vontobel, who died on 3 January 2016, the Vontobel and de la Cour families have further professionalized the management of their participations in Vontobel Holding.
Bank of Singapore, the dedicated private banking subsidiary of Singapore's second largest bank OCBC, looks set to expand its reach to the Middle East by early 2017.
The Asia ex-Japan head of credit market syndicate at UBS has left the bank this Monday, according to a media report. His origination counterpart, the co-head of Asia debt financing group, departed the same day.
Pure play private bank Julius Baer is said to have agreed to hire as many as 20 bankers from scandal plagued BSI's Singapore unit.
Edward «Ned» Johnson will become chairman emeritus and continue to consult periodically with the Fidelity board. He is 86 years old and will be succeeded by a person very close to him.
Singapore sovereign wealth fund GIC has appointed a new Chief Executive Officer and calibrated its management structure both in Singapore and overseas.
Investment manager Blackrock has announced the amalgamation of its institutional and retail distribution teams in Australia, and has made several appointments.
Carsten Maschmeyer, the founder of AWD financial advisory company, is pointing to Switzerland when asked about the guilty party in regard to his tax dealings.
Falcon Private Bank has appointed a well-know banker who used to work many years for Credit Suisse, as its new Global Head Products & Services and Member of the Executive Board.
After the Swiss legal entity of Credit Suisse has successfully started operations on Monday, the executive board is now known. These are the members of the management.
BNY Mellon Investment Management has appointed a new Head of Intermediary Distribution, to work with global financial institutions and private wealth managers in Hong Kong and China.
Swiss banks have thrown out thousands of clients in recent years for not declaring their taxes. Or have they? A report from the clean-up front, where a small number of stubbornly stray clients are causing banks a big headache.
Financial centers such as Hong Kong and Singapore are at the bottom of the table of work-life balance. While these locations offer top salaries to employees, they expect a high commitment in return.
Portuguese banks have been reaching out for capital injections to boost capital to addresses the country’s regulator's requests and dilute the burden of non-performing loans.
Asian and emerging market specialist Fullerton Fund Management, a wholly-owned subsidiary of Temasek Holdings, has announced the appointment of a new CIO based in Singapore.
The Thai unit of the Zurich-based bank Credit Suisse is aiming for 100 percent growth in its assets under management for the wealth management firm's first year of operation.
The former UBS and CS CEO Oswald Gruebel goes in hard on the low-interest policy of the central banks - and fears the worst.
A highly regarded legal, risk and compliance expert who was head of compliance for UBS wealth management Australia, has joined a boutique asset manager in the role of General Counsel.
Auction house Sotheby’s has appointed an industry veteran for the role of Head of Watches in Asia.
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